HDFC Bank Dividends and Buybacks
Dividend criteria checks 3/6
HDFC Bank is a dividend paying company with a current yield of 1.12% that is well covered by earnings.
Key information
1.1%
Dividend yield
-0.4%
Buyback Yield
| Total Shareholder Yield | 0.7% |
| Future Dividend Yield | 1.5% |
| Dividend Growth | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.233 |
| Payout ratio | 22% |
Recent dividend and buyback updates
Recent updates
HDFC Bank: The Clouds Are Finally Clearing (Rating Upgrade)
Oct 27HDFC Bank: Focus On Fundamentals Over The Upcoming $2bn Catalyst
Aug 21HDFC Bank: Negatives Are Priced In
Jun 17HDFC Bank: The Jury Is Still Out, Although The Risk-Reward Is In A Better Place
Apr 03HDFC Bank: Why The $21bn Rout Was Not Unjustified
Jan 22HDFC Bank: Cleaning Out The Closet
Nov 17HDFC Bank: Merger Done, A New Chapter Begins (Rating Downgrade)
Sep 09HDFC Bank: A Bet On The Rapid Emergence Of India
Jul 04HDFC Bank: Market's Attention Is On Pending Merger
Jan 09HDFC Bank: Steady As She Goes
Oct 27HDFC Bank GAAP EPS of ₹19.00, core net revenue of ₹28,869.8 crore
Oct 17HDFC Bank: Sustainability At Its Core
Jul 15HDFC Bank: Best-In-Class Indian Bank Weighed Down By Transitory Headwinds
Jun 24HDFC Bank: Turning A New Chapter Post RBI Restrictions
Apr 04HDFC: Well Positioned To Profit From India's Economic Upswing
Nov 28HDFC Bank: Long-Term Growth Potential Overshadowed By Short-Term Challenges
Sep 24With Banks Getting Ready To Kick Off Earnings Season, I Like HDFC Bank Better Than Most
Jul 08HDFC Bank: Favor Quality On The Recovery Path
Nov 07Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HDB's dividend payments have been volatile in the past 10 years.
Growing Dividend: HDB's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| HDFC Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HDB) | 1.1% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Banks) | 2.6% |
| Analyst forecast (HDB) (up to 3 years) | 1.5% |
Notable Dividend: HDB's dividend (1.12%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: HDB's dividend (1.12%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.6%), HDB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HDB's dividends in 3 years are forecast to be well covered by earnings (21.4% payout ratio).